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    Property profile & analytics

    211 University Ave Clarksville, TN 37040

    • Office buildings
    • 3,600 SF
    • 0.44 lot acres
    For Sale
    View listing
    $1,500,000
    Value Estimation
    Last Sale
    Jul 07, 2022
    $810,000
    Location Intelligence
    Property ID
    US80-1294036
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 211 University Ave

    Year built
    1991
    Construction
    FRAME
    Lot size
    0.44 lot acres
    Property size
    3,600 SF
    Zone code
    CBD
    Property type
    Office buildings
    APN
    066K B 00600 000
    APU
    066KB00600000

    Description

    This exceptional 5,400 square foot commercial property at 211 University Avenue in Clarksville, Tennessee, presents a unique opportunity for businesses seeking a prime location. Currently vacant, this single-tenant space offers unparalleled flexibility for a variety of uses, including retail, office, or service-based businesses. The entire 5,400 square feet is available for immediate occupancy, allowing for a complete custom build-out to perfectly suit your operational needs. Located in Montgomery County, this property boasts excellent visibility and accessibility due to its position in a high-traffic area of Clarksville. Ample parking is readily available for customers and employees, ensuring convenient access. The property's location within a thriving commercial district offers significant growth potential and the adaptability to accommodate diverse business models. Whether you are interested in purchasing this prime real estate or leasing the space with the option for a customized build-out, 211 University Avenue offers a compelling investment or operational opportunity in a dynamic Clarksville market. The property is situated at 211 University Ave, Clarksville, TN 37040.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $995,000

    • CAP approach

      CAP return
      Estimation
      6%
      $770,000
      6.5%
      $725,000
      7%
      $745,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $790,000
      Geo Method
      $775,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $710,000
      Retail
      $775,000
      Mixed-Use
      $640,000
      Hospitality
      $650,000
      Educational
      $690,000
      Residential Income
      $895,000
      Energy
      $895,000
      Income-Based Land
      $655,000
      Food Service
      $670,000

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.3521
    Latitude
    36.5271
    CBSA code
    17300
    CBSA name
    CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,830
    $0.00
    $0.00
    $280,320
    -
    $362,300
    $338,500
    $700,800

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    211 University Ave
    Clarksville, TN 37040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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